GigaCloud Technology Inc. (GCT)

GigaCloud Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,194	1,161	703.83	490.07	414.2	275.48
Revenue Growth (YoY)	21.20%	64.96%	43.62%	18.32%	50.36%	125.26%
Cost of Revenue	910.7	875.81	515.2	406.96	324.6	200.36
Gross Profit	282.91	285.24	188.63	83.11	89.6	75.12
Selling, General & Admin	139.63	144.63	71.39	46.67	50.24	30.93
Research & Development	10.62	9.79	3.93	1.43	-	-
Operating Expenses	150.24	154.42	75.32	48.09	50.24	30.93
Operating Income	132.67	130.82	113.31	35.02	39.35	44.18
Interest Expense	-0.17	-0.26	-1.24	-0.57	-0.31	-0.05
Interest & Investment Income	10.99	9.41	3.3	0.47	0.54	0.06
Currency Exchange Gain (Loss)	4.02	-1.23	2.09	-4.85	-2.01	1.02
Other Non Operating Income (Expenses)	4.36	2.08	0.77	1.09	0.16	0.06
EBT Excluding Unusual Items	151.86	140.81	118.23	31.16	37.73	45.28
Gain (Loss) on Sale of Assets	-0.15	-0.19	-3.24	-	-	-
Pretax Income	151.72	140.61	115	31.16	37.73	45.28
Income Tax Expense	18.38	14.81	20.89	7.19	8.47	7.82
Net Income	133.34	125.81	94.11	23.97	29.26	37.46
Preferred Dividends & Other Adjustments	-	-	-	9.29	20.28	24.5
Net Income to Common	133.34	125.81	94.11	14.68	8.98	12.96
Net Income Growth	17.03%	33.68%	292.57%	-18.06%	-21.89%	1210.99%
Shares Outstanding (Basic)	40	41	41	24	10	9
Shares Outstanding (Diluted)	40	41	41	24	10	9
Shares Change (YoY)	-2.16%	0.68%	67.63%	138.21%	7.92%	-
EPS (Basic)	3.33	3.06	2.31	0.60	0.88	1.36
EPS (Diluted)	3.31	3.05	2.30	0.60	0.88	1.36
EPS Growth	19.25%	32.61%	283.33%	-31.53%	-35.79%	1185.62%
Free Cash Flow	162.39	142.54	129.07	48.95	6.73	32.63
Free Cash Flow Per Share	4.04	3.46	3.15	2.00	0.66	3.44
Gross Margin	23.70%	24.57%	26.80%	16.96%	21.63%	27.27%
Operating Margin	11.12%	11.27%	16.10%	7.15%	9.50%	16.04%
Profit Margin	11.17%	10.84%	13.37%	3.00%	2.17%	4.70%
Free Cash Flow Margin	13.61%	12.28%	18.34%	9.99%	1.63%	11.85%
EBITDA	141.24	139.34	116.19	36.41	40.13	44.41
EBITDA Margin	11.83%	12.00%	16.51%	7.43%	9.69%	16.12%
D&A For EBITDA	8.57	8.52	2.87	1.39	0.78	0.23
EBIT	132.67	130.82	113.31	35.02	39.35	44.18
EBIT Margin	11.12%	11.27%	16.10%	7.15%	9.50%	16.04%
Effective Tax Rate	12.11%	10.53%	18.16%	23.08%	22.45%	17.27%
Revenue as Reported	1,194	1,161	703.83	490.07	414.2	275.48
Advertising Expenses	-	6.67	3.91	1.53	1.85	1.08

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q